Divorce
is horrible for everybody, except those looking to get a good deal in the
housing market.
Divorcing
couples are so wrapped up in emotional pain, that many times they'll sell low
just to get out from under the house. Cynthia Taylor, a divorced homeowner says
this,"I got hosed because I was divorcing. We should have fought for the
full value of our house, but there was no working 'we' at that time and our
agent was double-ending in a questionable fashion."
In
today's mild housing market this becomes even more difficult, because even
couples who hold out for a better price aren't seeing nearly the return
investment. Real estate agents say the worst thing you can do is move out of
the house, it makes you look desperate to sell.
But when you're emotionally drained from a divorce, who wants to stay
together to ride out the housing slump?
Source:
www2.canada.com